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Goods and Service TaxArticle·29 September 2026

GSTAT says Loan Recovery Exemption Requires Proof of Written-Off Account

By J the App

Executive Summary

Cent Bank Home Finance claimed that ₹11.06 lakh represented recovery from a written-off housing loan and was therefore outside the GST levy. GSTAT accepted the legal proposition but found that the underlying loan write-off records had not been properly considered, and remanded the matter for verification of the documentary evidence.

Domain | GST | IDT

The Position

The Tribunal drew a distincti...

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